Northwire Canada EditionThursday, July 23, 2026
Northwire
VZZ 0.180 +2.9% BMR 0.145 +3.6% NVO 0.055 −8.3% PMET 4.47 +2.0% CTG 0.125 +13.6% AVU 0.040 +0.0% SGML 14.32 −3.1% WRLG 0.720 +1.4% CAN 0.065 +8.3% ABRA 15.63 +1.6% LSTR 0.060 +0.0% OLA 13.10 +2.5% EQX 13.15 +2.7% SRA 0.780 +0.0% UTWO 0.390 −13.3% IVN 10.64 −1.2% VZZ 0.180 +2.9% BMR 0.145 +3.6% NVO 0.055 −8.3% PMET 4.47 +2.0% CTG 0.125 +13.6% AVU 0.040 +0.0% SGML 14.32 −3.1% WRLG 0.720 +1.4% CAN 0.065 +8.3% ABRA 15.63 +1.6% LSTR 0.060 +0.0% OLA 13.10 +2.5% EQX 13.15 +2.7% SRA 0.780 +0.0% UTWO 0.390 −13.3% IVN 10.64 −1.2%
Production / Operations

Sixty North Gold Crews and Equipment Mobilized to Mon Gold Mine, NWT

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Executive Summary

  • Sixty North Gold reports completion of the winter road to its Mon Gold Mine and is mobilizing equipment for gold production later in 2026.
  • The company’s 100‑tpd ball mill shipment from China is slated to arrive on March 6, 2026, with assembly beginning in late April and commissioning targeted for late June/early July.
  • Since fiscal year ending Oct 31, 2025 the company issued 1,475,000 common shares via warrant exercises, raising $156,750 in gross proceeds.

Key Details

  • Winter Road Completion: Entire length from Highway 4 (20 km east of Yellowknife) to the mine site is finished; ice thicknesses are increasing (-20 °C to -41 °C). Ongoing maintenance includes snow clearing and portage flooding.
  • Equipment Mobilization: Crews are moving equipment onto the property in preparation for production.
  • Mill Shipment & Logistics: Mill components will arrive at Deltaport, Greater Vancouver, on March 6, 2026; thereafter transshipped by rail to Edmonton and trucked to Yellowknife.
  • Mill Assembly Schedule: Assembly to start late April 2026; initial commissioning planned for late June or early July 2026. The mill is designed for 100 tpd continuous operation (24/7).
  • Mining Plan: Focus on processing material from the second level of the A‑Zone vein below historic stopes; DD‑Zone under evaluation for future stope development; main ramp to be extended to a third level for additional mining sites.
  • Capital Raised: 1,475,000 common shares issued via warrant exercises since FY 2025, generating gross proceeds of $156,750.
  • CEO Quote: “We are excited to reestablish gold mining in this historic camp at a time the existing diamond mines are closing. The Government and First Nations have been very supportive of responsible development.” – Dave Webb, President & CEO

Notable Quotes

“We are excited to reestablish gold mining in this historic camp at a time the existing diamond mines are closing. The Government and First Nations have been very supportive of responsible development.” – Dave Webb, President & CEO

Read the original news release →

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